It was a steady and rangebound session at the market today. Most of the experts don't see the current rally taking the Nifty beyond 5,300. They advise investors to be cautious.
In an interview to CNBC-TV18, Gaurav Doshi, vice president-equity specialist for PMS of Morgan Stanley Private Wealth Management India said, technical or India perspective is no longer going to be valid. He has a cautious stance on the market. “From a trader’s point of view, you just wait for the scenario to play out,” he added.
Gaurav Doshi of Morgan Stanley Private Wealth Management India, in an interview on CNBC-TV18, spoke about how he sees the market playing out post the credit policy review by the Reserve Bank today.
Stay away from two wheelers and passenger car vehicles, says Gaurav Doshi, Vice President, Equity Specialist for PMS, Morgan Stanley Private Wealth Management India.